Dollars adjusted for inflation to make them comparable over various years are known as

Using the data in the preceding question, what will the income statement for the year ended December 31 report for this situation?

a.) Nothing because the business has not received the cash yet. b.) Note receivable of $8,400. c.) Interest revenue of $700. d.) Both b and c.

A licensee hires another licensee, who works for the same firm, to be an assistant for negotiating and selling properties. The supervising licensee, in this relationship, must:

A. be a managing broker B. be a member of the team C. have a controlling interest in the firm D. take a 30 clock-hour course on supervision